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Author Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too  (Read 1599533 times)
Endeavour79
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July 03, 2011, 02:28:48 PM
 #3281

Some serious connection issues from Sydney Australia right now.. Monday 00:28am  Embarrassed

NSW, Australia - Rigs, Mining, Pools - Local help needed? Send me a message!
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airdata
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July 04, 2011, 02:45:47 AM
 #3282

Weird... I refresh my account page and there's a message saying

Quote
Waiting for confirmation of your new bitcoin address:
12cseXnaCuVMmkC8gCV3xEvb5Lwk4dyjzJ
If you can't receive our e-mail, please contact us

I changed my pw but have received no follow up email.  I tried to lock down my legit address forever and it says it's sending an email confirmation.  I have no email from deepbit.

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[Tycho]
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July 04, 2011, 03:27:43 AM
 #3283

Weird... I refresh my account page and there's a message saying
Quote
Waiting for confirmation of your new bitcoin address:
12cseXnaCuVMmkC8gCV3xEvb5Lwk4dyjzJ
If you can't receive our e-mail, please contact us
Sorry, I just enabled this message. Now it's hidden for old requests.

I changed my pw but have received no follow up email.  I tried to lock down my legit address forever and it says it's sending an email confirmation.  I have no email from deepbit.
Looks like you are using yahoo.com ?

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
Endeavour79
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July 04, 2011, 03:34:09 AM
 #3284

Hey folks.. I just switched from BTCGuild to Deepbit because of having problems with their server every day..
Deepbit experience is much better since the first minute, appreciate it!

As I am new to this pool I am still a bit confused about which earnings method I should use for maximum income.
(I know, there are 167 pages of possible answers but really, finding this answer in 1670 posting would be a long way to go..)

I am pushing ~2.6GHash/sec 24/7. Would you recommend Pay per Share or Proportional Payment and why?

Thanks for your help!

Cheers
End.

NSW, Australia - Rigs, Mining, Pools - Local help needed? Send me a message!
[Tycho]
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July 04, 2011, 03:39:45 AM
 #3285

As I am new to this pool I am still a bit confused about which earnings method I should use for maximum income.
(I know, there are 167 pages of possible answers but really, finding this answer in 1670 posting would be a long way to go..)
There is a description at the registration and configuration pages.
Long story short: if the pool is lucky, you'll get more with Proportional, if the pool is unlucky, you can get more with PPS.
But you can't guess how good will be the luck in next hours.
This doesn't depends on your or pool's hashrate.

Thanks :)

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
Endeavour79
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July 04, 2011, 03:45:14 AM
 #3286

Thank you Tycho for your answer. I've already read this at the website. I was more interested in your long term experience. Over let's say 2-3 weeks, which option did produce maximum results?

NSW, Australia - Rigs, Mining, Pools - Local help needed? Send me a message!
[Tycho]
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July 04, 2011, 04:00:53 AM
 #3287

Thank you Tycho for your answer. I've already read this at the website. I was more interested in your long term experience. Over let's say 2-3 weeks, which option did produce maximum results?
Proportional when the pool was lucky and PPS otherwise :)

It's IMPOSSIBLE to give you correct answer because it's different each day. On average our luck is normal, but in last days we got less luck.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
Endeavour79
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July 04, 2011, 08:43:23 AM
 #3288

Thank you Tycho for your answer. I've already read this at the website. I was more interested in your long term experience. Over let's say 2-3 weeks, which option did produce maximum results?
Proportional when the pool was lucky and PPS otherwise Smiley

 Grin Grin Grin

Haha..I see..thanks mate!

NSW, Australia - Rigs, Mining, Pools - Local help needed? Send me a message!
leevancleef
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July 04, 2011, 01:33:49 PM
 #3289


Why there is so much difference between Bitcoin Mining Calculator (or this ) and the DeepBit Reward estimation ?

I have a 1200 mh/s rig and the mining calculators estimate my reward in 0.875 btc/day while the deepbit reward estimation says 0.79 btc/day, which is almost 10% and not 3% I would have expected because the pool's fee: why this difference ?

thanks in advance

twmz
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July 04, 2011, 01:41:07 PM
 #3290


Why there is so much difference between Bitcoin Mining Calculator (or this ) and the DeepBit Reward estimation ?

I have a 1200 mh/s rig and the mining calculators estimate my reward in 0.875 btc/day while the deepbit reward estimation says 0.79 btc/day, which is almost 10% and not 3% I would have expected because the pool's fee: why this difference ?

thanks in advance



The deepbit reward estimator estimates PPS rewards.  PPS has a 10% fee.

Was I helpful?  1TwmzX1wBxNF2qtAJRhdKmi2WyLZ5VHRs
WoT, GPG

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mrblu
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July 04, 2011, 04:06:32 PM
 #3291

The payout seems to be a lot different from how I calculated it.

Firstly GUIMiner shows that I have more than 1000 shares accepted for each GPU, when Deepbit online shows less than half of that!

Also say for example with this block it says that I contributed
341 Shares out of a total of 1487205 which is 0.0229%

Each block gives out 50 BTC so 0.0229% of that is 0.01145 BTC however in my statistics page it says I only got  0.00450039 which again is less than half of the proportional amount.

I am not hitting the projected earning amount and I am quite troubled by this. Can anyone help?
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July 04, 2011, 05:05:50 PM
 #3292

Quick question, I know deepbit charges a 3% fee for proportional workers. What about the transaction fees for solved blocks, is that shared or kept by deepbit?
sabe
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July 04, 2011, 05:07:42 PM
 #3293

The payout seems to be a lot different from how I calculated it.

Firstly GUIMiner shows that I have more than 1000 shares accepted for each GPU, when Deepbit online shows less than half of that!

Also say for example with this block it says that I contributed
341 Shares out of a total of 1487205 which is 0.0229%

Each block gives out 50 BTC so 0.0229% of that is 0.01145 BTC however in my statistics page it says I only got  0.00450039 which again is less than half of the proportional amount.

I am not hitting the projected earning amount and I am quite troubled by this. Can anyone help?

What is your hashrate? Compare that with Deepbit's hashrate.

(Your hashrate / Deepbit hashrate) * 50

See if that is close to the reward you are getting per block.
Un zafado cualquiera
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July 05, 2011, 04:44:38 AM
 #3294

I am a bit confused. On Mtgox is falling the BTC/UsD price but I watch an approx. of 100 GH/s more per week and still increasing. I tough there was less incentive for mining now that difficulty goes up.

Someone can explain me how this is possible?
Jack of Diamonds
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July 05, 2011, 05:59:43 AM
 #3295

Quick question, I know deepbit charges a 3% fee for proportional workers. What about the transaction fees for solved blocks, is that shared or kept by deepbit?

Kept. The 50BTC itself is distributed. Deepbit has the highest fees of any pool in the 'industry'.

I only keep some workers there because it's practically guaranteed income with next to zero variance (avg. -+5% daily) due to it's huge size, making it worth the fees.

1f3gHNoBodYw1LLs3ndY0UanYB1tC0lnsBec4USeYoU9AREaCH34PBeGgAR67fx
shata
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July 05, 2011, 06:18:17 AM
 #3296

I think deepbit is having little to much traffic, Seeing my gpu load on both my cards drop to 0% then back to 99% every 30sec. Just heads up.

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shata
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July 05, 2011, 06:26:16 AM
 #3297

I am a bit confused. On Mtgox is falling the BTC/UsD price but I watch an approx. of 100 GH/s more per week and still increasing. I tough there was less incentive for mining now that difficulty goes up.

Someone can explain me how this is possible?

Ya i know, sitting at 4701GH/s - I joined back when it was 3800-3900. That wasnt to long ago.

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mrblu
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July 05, 2011, 07:49:32 AM
 #3298

What is your hashrate? Compare that with Deepbit's hashrate.

(Your hashrate / Deepbit hashrate) * 50

See if that is close to the reward you are getting per block.

My hash rate is 1.5GH/s which according to your calculation should result in a 0.01BTC per block instead of what I mentioned.
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July 05, 2011, 08:45:24 AM
 #3299

Feature request: is it possible to provide real-time stat?

please donate to 1P3m2resGCP2o2sFX324DP1mfqHgGPA8BL
[Tycho]
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July 05, 2011, 09:49:21 AM
 #3300

Feature request: is it possible to provide real-time stat?
Sorry, no, this would make poolhopping easier.
May be it will be possible after implementing third payout mode, but not now.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
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